PureHealth acquires PureCS to bolster tech before IPO

ABU DHABI – In a strategic move to enhance its technological capabilities, PureHealth, the operator of over 25 hospitals, has acquired cybersecurity and AI firm PureCS. This acquisition, orchestrated by Junaid Khan on Thursday, is a significant step for PureHealth as it prepares for an initial public offering (IPO) on the Abu Dhabi Securities Exchange (ADX), with the support of ADQ and International Holding Company (IHC).

The integration of PureCS is set to amplify PureHealth’s tech prowess in the healthcare sector. The acquisition notably includes the innovative electronic medical record system Riayati, developed by PureCS, which will be incorporated into PureHealth’s operations. This move aligns with CEO Farhan Malik’s commitment to healthcare excellence and positions the company at the forefront of digital-first technologies in healthcare.

Earlier this week, PureHealth unveiled two major projects: Pura, an AI companion designed to assist healthcare providers and patients, and PureNet, a specialized cloud platform aimed at enhancing healthcare service delivery. These developments demonstrate PureHealth’s dedication to integrating cutting-edge technology into its extensive network.

The upcoming IPO on the ADX is subject to regulatory approval. However, with the backing of prominent entities like ADQ and IHC, along with its reinforced tech infrastructure through the PureCS acquisition, PureHealth is poised for a significant market debut. The company’s strategic initiatives underscore its readiness to lead in a new era of technologically advanced healthcare services.

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